Current Attempt in Progress Ivanhoe Corporation incurred the following costs in 2021: $840000 Acquisition of R&D equipment with a useful life of 4 years in R&D projects Start-up costs incurred when opening a new plant Advertising expense to introduce a new product Engineering costs incurred to advance a product to full 142000 740000 production stage 638000 What amount should Ivanhoe report as research & development expense in 2021? O $1478000 $1620000 $1084000 O $848000